The loss is not necessarily a cash loss but is also associated to non-cash transactions such as when Asher converted which generated losses on the balance sheet.
read the cash flow statement to see actual cash loss which show $1.4 million was associated to stock issuance. Thats what I noticed in the 30 seconds reviewing the cash flow statement.
You are correct the annual net income for 2013 was a loss of $1,959 (million); see attached. You failed to mention the quarterly for Dec 2013 was a net income gain $16,781 (million). The company is turning around and is becoming profitable. Looking forward to 5/5 for an update and 5/15 for financials. http://www.otcmarkets.com/stock/GYST/financials#
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